Managers of Wealth Africa

Didi plans Middle East and North Africa expansion

China’s largest ride-hailing platform is about to bookend Asia.

Investors jittery as losses rise to N1.31tr

The stock market had traded negative in six of the seven past trading sessions, causing panicky investors to invoke open market orders and dump stocks at lower prices.

InsuResilience Investment Fund acquires stake in Royal Exchange General Insurance Company

The InsuResilience Investment Fund and Royal Exchange General Insurance Company have signed an agreement according to which the Fund will acquire a 39.25% equity stake and appoint nominees to the Board of Directors.

Rhinos Come to the Bond Market, and Other Species May Follow

Bond seen as test for creation of conservation debt market

South African State Pension Fund to Invest More Offshore

Moving more GEPF cash offshore could send shockwaves through South Africa’s listed companies, many of which count the PIC as its biggest shareholder.

Investor confidence in Africa is returning

FDI inflows have risen due to advances in regional integration, the digital economy, infrastructure development and agribusiness

FNZ acquires German investech Ebase for €154m

“Ebase is a well-established investment platform and leader in the digitisation of wealth management solutions, known for its performance in the German financial services market,” Durham adds.

Africa free trade: $1b fund to offset losses

The agreement has already been ratified by 27 of Africa’s 55 countries, with Eritrea the only one yet to sign.

African banks should follow world trends

In April this year, 14 leading global financial institutions came together to create the Trade Finance Distribution Initiative in an effort to establish the US$25 trillion trade finance industry as a more appealing asset class for institutional investors.

African junk bonds last resort in hunt for yields

Bonds from six African countries are among the 10 best performers this year Read more at: //economictimes.indiatimes.com/articleshow/70185318.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

West Africa drives wealth growth in the continent

Oxfam noted that the region has seen impressive economic growth in the past two decades, and in a few countries, this has been matched by a significant reduction in poverty levels.

Don’t let the default option lead you to a false sense of security

A default plan doesn’t consider a retiree’s personal circumstances, and there’s a risk that it’ll severely underperform your growth.

African Junk Bonds Are the Latest Trophy in the Global Hunt for Yield

Debt returns are among best in emerging markets after rally

Bond turnover at NSE jumps to six-year high

“Liquidity conditions improved markedly towards the end of June bolstered by government payments to suppliers, government agencies and parastatals,” said Commercial Bank of Africa in a fixed income brief

MTN inks South Africa insurance partnership

MTN’s latest agreement forms part of the operator’s strategy of increasing the scope of its financial services play across the group

African Union Launches Continent-Wide Free Trade Area

African exporters want the free trade area to quickly enter into force to eliminate barriers and create free movement between states

Equity bank named most socially responsible Bank in Africa

The efforts they are geared towards, go beyond the philanthropic use of funds to use of overall knowledge, resources and reputation to improve livelihoods.

Worldwide: Pension Funds Set To Stimulate The African Alternative Investment Landscape

A conservative estimate is that pension funds in the six largest sub-Saharan African countries will see their assets grow from USD 600 billion in 2020 to almost USD 7 trillion by 2050.

Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

Bitcoin Wallet founder Sphelele “Sgumza” Mbatha admitted to the Ladysmith Gazette on Saturday that he doesn’t have any more cash to pay out to clients.

Rwanda is a shining example of good news from Africa

Rwanda has managed growth of about 8 per cent year on year since 2001, with GDP set to grow by roughly that again in 2019

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